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Bezos will transition to the role of executive chair.

Bezos will transition to the role of executive chair.

Amazon founder Jeff Bezos will step down from his role as CEO of the retail giant later this year, with Andy Jassy tapped to be his replacement, the company announced on Tuesday.

Bezos will transition to the role of executive chair.

While the billionaire plans to maintain an active role in Amazon’s leadership, he cited a desire to spend more time working on his other projects.

Bezos will transition to the role of executive chair.

Bezos will transition to the role of executive chair.

Who Is Andy Jassy? AWS Head Replaces Jeff Bezos As New Amazon CEO 02/02/21 AT 8:20 PM Amazon said its web hosting division pulled the plug on Parler after the social network failed to crack down on incitements of violence Photo: AFP / DENIS CHARLET KEY POINTS Jassy has led Amazons Web Services division since 1997 He is a member of Bezos elite S-team of executives Amazon is set to welcome a new chief executive officer, Andy Jassy, following Jeff Bezos announcement on Tuesday that he is ...

Jeff Bezos, the CEO and founder of Amazon, announced today that he plans to step down as CEO this year.

Andy Jassy, currently the head of Amazon Web Services, will take over as CEO in the fall.